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Company Registration In Slovenia
COMPANY REGISTRATION IN SLOVENIA Incorporation In Slovenia Slovenia is a crossroad of Europe, located between three different worlds; Mediterranean, Alpine and Pannonian, thus leaving it as a unique, diverse and beautiful country. It is one of the most stable political and economic countries in Central and South- eastern Europe. Slovenia has the highest per capita GDP in Central Europe, with excellent infrastructure, a well-educated work force and laws which support incorporation. Why Incorporate in Slovenia? Slovenia provides a set of competitive advantages related to foreign investments. Relevant business opportunities are provided by the financial sector and the services sector. The local government offers incentives and assistance in order to enhance the value of a business with foreign capital operating on the local market. ...contd. Innovation is highly sustained through various methods, in order to develop the value of small and medium size companies located here. In 2016, the total value of the foreign direct investments (FDI) concluded here accounted for EUR 12.9 billion, which represented an increase of 11.5% compared to the previous year. Types Of Legal Entities Which Can Be Established In Slovenia The types of legal Limited entities which may be Liability Company opened in Slovenia are: the limited liability Limited General Partner- Partner- companies, the general ship ship partnerships, the limited Types partnerships by shares, of sole trader and joint stock Entities company. Out of these the Limited Partner- Sole Limited Liability ships by Trader shares Companies, Joint Stock Companies & Partnerships Joint Stock are more preferred. Company Requirements for a Limited Liability Companies Number of Shareholders to be between 1 & 50. Minimum capital share of €7,500 If there are several shareholders, each of them has to pay at least €50 At least 25% of each contributor’s capital has to be paid up before the company is registered Approval is required from the Ministry of Economic Affairs if more than 50 partners are to form the company The company must have one or more managers. At least one managing director. All founders and / or directors from abroad must obtain a Slovenian tax number. Requirements for a Joint Stock Company Public companies and companies having more than 500 employees must have a supervisory board. Share capital is divided into shares or stock. The company is fully liable by guarantee of its assets, though the shareholders are not liable for the obligations of the company. A minimum of €25,000 is required as start-up capital. At least one-third of this amount must be in cash and 25% of the nominal value of the shares payable in cash must be paid up prior to registration. The minimum share value is €1, or multiples thereof. Requirement for Partnership Has to be formed by at least two partners, who are completely liable for the company’s liabilities. It does not need to provide a minimum share capital. Limited Partnership Formed by a silent partner whose liability for company’s debts is proportionate to his contributions. A general partner also involved who has unlimited liability and decisional powers. ...contd. Limited Partnership by shares: At least five members required. Their liability determined by their shares in the capital. The general partners share their decisional powers with the shareholders. Bank Receipt For Minimum Share Capital Articles Of Partnership Association Documents Agreement required for Incorporation Other Business Statutory Permits and Incorporation Documents Procedure of Incorporation Select Prepare Submit Company Incorporatio Company Type n Documents Documents Start your Apply for Company Business Permits ...contd. 1. Select a Company Type: Firstly, select a type of company, such as LLC, Joint Stock Company, Partnership etc. 2. Prepare Incorporation Documents: After selecting the type of company, draft the required documents for that particular type, such as articles of association for LLCs and partnership agreements for partnerships. 3. Submit the Documents: Submit all the documents on the E-VEM portal. ...contd. 4. Apply for Business Permits: There would be different licenses and permits based on the type of the business you are pursuing, which you need to apply. 5. Start your Company: Now, you can start hiring employees and begin with the work at your company. Conclusion To conclude, we can say that Slovenia can be a great prospect for those want to expand their business to Europe. It has great infrastructures and a well- organized, educated and well-trained workforce, that can help your company grow and prosper.
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